Q1 2015 Results Hanover – May 7, 2015...Q1 2015 Results – May 7, 2015 EDMR – Equity and Debt...

http://www.continental-ir.com Wolfgang Schaefer – CFO

Ticker: CON ADR-Ticker: CTTAY

Hanover – May 7, 2015 Q1 2015 Results

Q1 2015 Results – May 7, 2015 EDMR – Equity and Debt Markets Relations 2

AGENDA

Corporation Highlights 1 3 Automotive Group 2 10 Rubber Group 3 12 Indebtedness and Cash Flow 4 17 Outlook 2015 5 20 Back-up & Fact Sheets 2013 - 2015 6 29

Q1 2015 Results – May 7, 2015 EDMR – Equity and Debt Markets Relations

1) Corporation Highlights Most Important KPIs Q1 2015

3

1 Before amortization of intangibles from PPA, consolidation and special effects 2 Attributable to the shareholders of the parent 3 Trailing ROCE is calculated as reported EBIT for the last twelve months (LTM) divided by average operating assets (AOA) for the LTM

› Sales up by 14% to €9.6 bn; organic sales growth in Q1 2015 at 3%

› Adj. EBIT1 up by 10% to €1.05 bn; adj. EBIT1 margin at 11.4% (PPA and special effects -€32 mn)

› NIAT2 up by 12% to €657 mn

› Free cash flow amounted to -€271 mn including €589mn cash out for acquisitions (mainly Veyance); free cash flow before acquisitions amounted to €318 mn

› Net indebtedness up to €4.1 bn; gearing ratio at 34%; equity ratio at 36%

› Value creation: trailing ROCE3 down by 50 bps to 19.5% mainly due to first time consolidation of Veyance Technologies

› Other topics:

› Successful extension of revolving credit facility until April 2020

› Adj. EBIT1 margin in Powertrain at 8.1% before losses in HEV unit

› Veyance Technologies contributed €224 mn to sales and -€62 mn to EBIT in Q1 2015


1) Corporation Highlights Divisional Highlights Q1 2015

4

Aut

omot

ive

Gro

up

Rub

ber G

roup

› Tires: Adj. EBIT1 margin sustained at high level of 19.2% (PY 19.1%), benefitting from lower raw material costs (Q1 2015: ~€70 mn), strict cost management and solid price mix (-2% in Q1 2015); volumes in line with market development (down by 1%) in Q1 2015; FX did impact sales in Q1 2015 with +6% Tire markets: PC & LT tire replacement demand still soft in Europe (-1% in Q1 2015) and impacted by the introduction of import duties in NAFTA where unit sales decreased by 6% in Q1 2015

› ContiTech: Adj. EBIT1 margin down by 30 bps to 11.6%; organic sales up by 2%; Veyance Technologies contributed €224 mn to sales and -€62 mn to EBIT in Q1 2015

› Rubber Group: Organic sales down by 1%; adj. EBIT1 margin stayed at 17.0% (PY: 17.0%)

› Chassis & Safety: 10.1% adj. EBIT1 margin (PY: 9.5%); organic sales up by 5%; product sales in ADAS increased by 46%; operating leverage2 at 14% in Q1 2015

› Powertrain: 5.8% adj. EBIT1 margin (PY: 5.3%); organic sales increased by 4%; adj. EBIT1 margin before HEV was at 8.1% in Q1 2015

› Interior: 9.7% adj. EBIT1 margin (PY 9.6%); organic sales increased by 8%; adj. EBIT1 margin increased despite an increase in R&D expenses of 24% in Q1 2015

› Automotive Group: Organic sales increased by 6%, outgrowing worldwide car production by 5%-points; adj. EBIT1 margin increased by 40 bps to 8.7%; operating leverage2 at 11%; R&D expenses increased by 19% in Q1 2015

1 Before amortization of intangibles from PPA, consolidation and special effects 2 Operating leverage is defined as delta adj. EBIT1 divided by delta sales


8,0338,541 8,350 8,407 8,390 8,528 8,670

8,918

9,569

955

1,054

Q1/13 Q2/13 Q3/13 Q4/13 Q1/14 Q2/14 Q3/14 Q4/14 Q1/15 Q2/15 Q3/15 Q4/15

Sales (mn €) Adj. EBIT (mn €)

1) Corporation Highlights Sales and Adjusted EBIT1 by Quarter

5

FY Sales €33,331 mn

1 Before amortization of intangibles from PPA, consolidation and special effects

Q1 Sales €9,569 mn Adj. EBIT1 €1,054 mn

1

FY Sales €34,506 mn


3,13

2

3,39

2

3,41

5

3,41

7

3,27

1

3,36

2

3,51

8

3,48

7

3,66

9

557 579

Q1/

13

Q2/

13

Q3/

13

Q4/

13

Q1/

14

Q2/

14

Q3/

14

Q4/

14

Q1/

15

Q2/

15

Q3/

15

Q4/

15


4,91

1

5,16

0

4,94

5

5,00

0

5,12

9

5,17

6

5,16

2

5,44

2

5,91

2

426509

Q1/

13

Q2/

13

Q3/

13

Q4/

13

Q1/

14

Q2/

14

Q3/

14

Q4/

14

Q1/

15

Q2/

15

Q3/

15

Q4/

15


1) Corporation Highlights Automotive Group and Rubber Group by Quarter

6


1 1

Automotive Group Rubber Group


3%

-7%

-3%

Replacement tire volume

growth NAFTA


growth Europe

CommercialVehicle Tires

volume growth

1.5%

1%

2%

GDP growthEurozone 2015

PC & LT prod.growth Europe

ContiTechorganic sales

growth

-6%

-1%

-1%


growth NAFTA


growth Europe

Passenger & Light Truck Tires volume growth

1%

1%

6%

PC & LT prod.growth EU/NAFTA

PC & LT prod. growth ww

Conti AutomotiveGroup organic sales growth

1) Corporation Highlights Growth Profile of the Corporation Q1 2015

7

Conti

Market

1 According to IMF (WEO Update April 2015)

1

Conti

Market

Conti

Market

Conti

Market


17,0

14

17,0

08

16,9

15

16,8

04

16,6

25

16,5

22

16,5

36

16,7

27

17,5

10

18.5% 18.6% 19.4% 19.4% 20.6% 20.8%19.3% 20.0% 19.5%

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

2013 2014 2015

trailing OA (mn €) trailing ROCE (%)

1) Corporation Highlights Sustainable Value Creation

8

1 Trailing operating assets are calculated as assets for the last twelve months (LTM) 2 Trailing ROCE is calculated as reported EBIT for the last twelve months (LTM) divided by trailing operating assets

1 2


750 750 885 750

1,500279

2015 2016 2017 2018 2019 2020

1) Corporation Highlights Maturities for Syndicated Loan and Bonds1 (mn €)

9

1 All amounts shown are nominal values 2 Any utilization under the Revolving Credit Facility (RCF) has to be shown as short term debt according to IFRS although the RCF matures in 2019 and has a total volume of €3,000 mn;

extension of revolving credit facility until April 2020 was negotiated in April 2015 3 Nominal amount US-$950 mn (exchange rate as at March 31, 2015: 1.0739) not reflecting the possibility of an early redemption

Syndicated Loan

Bonds

3

As at March 31, 2015 (mn €) FY 14 Q1 15

Gross indebtedness 6,432 6,926

Cash 3,244 2,372

Net indebtedness 2,824 4,099

Available credit lines 4,032 4,289

Total liquidity 7,276 6,662


215102

191 1 509

Chassis & Safety

Powertrain Interior cons. AutomotiveGroup

10.1%

5.8%

9.7% 8.7%

Adj. EBIT margin (%)

2,136

1,827

1,97526

5,912

Chassis & Safety

Powertrain Interior cons. AutomotiveGroup

3.7%

7.7% 5.7%

5.4%Organic sales growth (%)

Reported change in sales › Chassis & Safety: 13.7% › Powertrain: 15.7% › Interior: 16.2% › Automotive Group: 15.3%

10

2) Automotive Group Adj. EBIT1 Margin up by 40 bps

Automotive Group Sales (mn €) Q1 2015 Automotive Group Adj. EBIT1 (mn €) Q1 2015

-

1


› Reported EBITDA: €727 mn (12.3% of sales) › Reported EBIT: €503 mn (8.5% of sales) › R&D: €557 mn (9.4% of sales) › Capex: €205 mn (3.5% of sales)


5,129 5,176 5,162 5,4425,912

Q1/14 Q2/14 Q3/14 Q4/14 Q1/15

426

509

8.3% 8.7%

Q1/14 Q2/14 Q3/14 Q4/14 Q1/15

› Sales increased by €783 mn in Q1 2015; organic sales growth in Q1 2015 at 5.7% › Adj. EBIT1 increased by €83 mn › Adj. EBIT1 margin at 8.7% (PY: 8.3%) › Operating leverage2 was impacted by FX and came in at 11%

11

2) Automotive Group Q1 2015: Benefitting from Solid Organic Growth

Automotive Group Sales (mn €) Adj. EBIT1 (mn €) and Adj. EBIT1 Margin

+783 +83

1 Before amortization of intangibles from PPA, consolidation and special effects 2 Operating leverage is defined as delta adj. EBIT1 divided by delta sales


1,268

2,42019

3,669

ContiTech Tires cons. Rubber Group

2.3%

-2.8% -1.2%

Organic sales growth (%)120

4590

579

ContiTech Tires cons. Rubber Group

11.6%

19.2% 17.0%

Adj. EBIT margin (%)

Reported change in sales

› ContiTech: 30.3% › Tires: 4.4% › Rubber Group: 12.2%

12

3) Rubber Group Profitability Sustained at Elevated Level


Rubber Group Sales (mn €) Q1 2015 Rubber Group Adj. EBIT1 (mn €) Q1 2015

-

1

› Reported EBITDA: €709 mn (19.3% of sales) › Reported EBIT: €509 mn (13.9% of sales) › R&D: €86 mn (2.3% of sales) › Capex: €152 mn (4.1% of sales)


3,271 3,362 3,518 3,487 3,669

Q1/14 Q2/14 Q3/14 Q4/14 Q1/15

557 579

17.0% 17.0%

Q1/14 Q2/14 Q3/14 Q4/14 Q1/15

› Sales increased by €398 mn in Q1 2015 primarily as a result of consolidation effects (Veyance Technologies contributed €224 mn to sales)

› Tire volumes decreased by 1% during the quarter mainly due to weak replacement markets in Europe; FX had a positive effect of more than 5% on tire sales in Q1 2015 while P/M was slightly negative

› Sales at ContiTech without Veyance amounted to €1,044 mn and EBIT to €117 mn › Adj. EBIT1 up by €22 mn in Q1 2015

13

3) Rubber Group Adjusted EBIT1 Margin Impacted by Consolidation of Veyance

Rubber Group Sales (mn €)

+398 +22

Adj. EBIT1 (mn €) and Adj. EBIT1 Margin



3) Rubber Group ContiTech: Forming a Global Player in Rubber and Plastics Technology

14

2015

› Closing on January 30, 2015

› PPA on intangibles amounts to €721 mn and will be amortized over 11 years, amounting to approximately €100 mn in the first five years; goodwill totaled €279 mn

› Veyance will add about €1.8 bn to operating assets

› Sales (Feb-March) in Q1 2015 came in at €224 mn and EBIT amounted to -€62 mn; PPA amortization amounted to €26 mn; in addition Q1 2015 included €37 mn of integration cost (more than three quarters of total amount expected for 2015)

› EBIT before PPA and special effects to normalize in coming quarters and will meet ~8% target

Mid-term targets confirmed:

› ContiTechʼs EBIT margin to be restored to 12%

› ContiTechʼs ROCE will improve to 25%


-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

Jan-

11A

pr-1

1Ju

l-11

Oct

-11

Jan-

12A

pr-1

2Ju

l-12

Oct

-12

Jan-

13A

pr-1

3Ju

l-13

Oct

-13

Jan-

14A

pr-1

4Ju

l-14

Oct

-14

Jan -

15

PC & LT Tire Replacement (YOY chg. monthly)

Vehicle miles YOY chg. monthly (DOT)

-25%

-20%

-15%

-10%

-5%

0%

5%

10%

15%

20%

Jan-

11A

pr-1

1Ju

l-11

Oct

-11

Jan-

12A

pr-1

2Ju

l-12

Oct

-12

Jan-

13A

pr-1

3Ju

l-13

Oct

-13

Jan-

14A

pr-1

4Ju

l -14

Oct

-14

Jan-

15

PC & LT Tire Replacement (YOY chg. monthly)

15

3) Rubber Group European Demand Soft while Import Duties Weighed on NAFTA

Replacement Tire Demand Development for PC & LT Europe

Replacement Tire Demand Development for PC & LT NAFTA

1 U.S. Department of Transportation

1


153

149

165

180

74 93 105

110

0

100

200

300

400

500

600

Q1/

10Q

2/10

Q3/

10Q

4/10

Q1/

11Q

2/11

Q3/

11Q

4/11

Q1/

12Q

2/12

Q3/

12Q

4/12

Q1/

13Q

2/13

Q3/

13Q

4/13

Q1/

14Q

2/14

Q3/

14Q

4/14

Q1/

15Q

2/15

EQ

3/15

EQ

4/15

E

TSR 20 (U.S. cents/kg) Butadiene (U.S. cents/kg)

› Natural rubber price (TSR 20) expected to average U.S. $1.62 in 2015 (before: U.S. $1.75)

› Synthetic rubber price (butadiene feedstock) forecasted to average U.S. $0.95 in 2015

› Tailwind from lower raw material cost is expected to amount to €150 mn in 2015

16

3) Rubber Group Expected Raw Material Price Development in 2015

Raw Material Price Development1 2010 - 2015E (U.S. cents/kg)

1 1 1 1

1 Source: Bloomberg and Continental estimates for 2015

Average (Y) TSR 20: 345

Butadiene: 191


Butadiene: 297


Butadiene: 244


Butadiene: 148


Butadiene: 132


Butadiene: 95


2,824374

1,622

855 181

505425

8274,099

Net

in

debt

edne

ss(F

Y 2

014)

Cap

ex

Acq

uisi

tions

Cha

nge

in

rece

ivab

les

Cha

nge

inin

vent

orie

s

Cha

nge

inpa

yabl

es

Dep

r. an

dam

ortiz

atio

n

Oth

er C

F

Net

in

debt

edne

ss(Q

1 20

15)

17

4) Indebtedness and Cash Flow Net Indebtedness Bridge

1 According to cash flow statement incl. intangible assets 2 Veyance Technologies and A-Z Formen- und Maschinenbau Group

€532 mn outflow from change in working capital

26% 34%

(mn €) 1

Gearing Ratio

2


5,61

3

6,01

2

5,59

0

4,28

9

4,24

2

4,27

3

3,92

6

2,82

4

4,09

9

64% 69% 62%46% 43% 42% 36%

26%34%

Q1 H1 9M YE Q1 H1 9M YE Q1

2013 2014 2015

Net indebtedness (mn €) Gearing ratio

18

4) Indebtedness and Cash Flow Net Indebtedness and Gearing Ratio


419

-355

64

684

-955

-271

684

-366

318

CF from operatingactivities

CF used for investingactivities

Free cashflow

2014 2015 2015 before acquisitions

4) Indebtedness and Cash Flow Cash Flow Overview

19

Cash Flow Q1 2014 and Q1 2015 (mn €)


5.21

24.

943

4.28

04.

607

4.76

75.

071

4.48

44.

896

5.17

45.

269

4.49

24.

931

5.21

05.

220

4.65

04.

930

-1%

-6%-5%

-6%-9%

3%5%

6%9%

4%

0% 1% 1%-1%

4%

0%

Q1/

12Q

2/12

Q3/

12Q

4/12

Q1/

13Q

2/13

Q3/

13Q

4/13

Q1/

14Q

2/14

Q3/

14Q

4/14

Q1/

15E

Q2/

15E

Q3/

15E

Q4/

15E

Europe chg YOY

3.96

43.

986

3.66

73.

817

4.01

54.

258

3.88

34.

021

4.20

44.

412

4.17

74.

237

4.29

84.

490

4.32

04.

220

17%

28%

15%

11%

1%

7% 6% 5% 5% 4%

8%5%

2% 2%3%

0%

Q1/

12Q

2/12

Q3/

12Q

4/12

Q1/

13Q

2/13

Q3/

13Q

4/13

Q1/

14Q

2/14

Q3/

14Q

4/14

Q1/

15E

Q2/

15E

Q3/

15E

Q4/

15E

NAFTA chg YOY

NAFTA (mn units)

20

5) Outlook PC & LT Production by Quarter

Source: IHS and own estimates, Europe excluding Kazakhstan and Uzbekistan

Europe (mn units)

2012: 19.0 2013: 19.2 2014: 19.9 2015E: 20.0 2012: 15.4 2013: 16.2 2014: 17.0 2015E:

17.3


22.3 21.513.6

87.0

22.3 22.213.3

88.8

Europe NAFTA South America

Asia

2014 2015E

543 542187

1,858

553 585168

1,890


Asia

2014 2015E

320280

66

387326

274

66

411


Asia

2014 2015E

19.9 17.0

3.8

45.9

20.0 17.3

3.4

47.5


Asia

2014 2015E

21

5) Outlook 2015 Market Outlook for Major Regions 2015

Commercial Vehicle2 Prod. (k units)

CV Repl.4 Tire Market (mn units)

Source: IHS and own estimates

Source: LMC and own estimates

1%

Source: IHS and own estimates

PC & LT1 Production (mn units)

Source: LMC and own estimates

PC & LT Repl.3 Tire Market (mn units)

0% 0%

1 Passenger car and light truck <6t 2 Heavy vehicles >6t 3 Passenger car & light truck replacement 4 Commercial vehicle replacement (radial and biased)


5) Outlook 2015 Continental Corporation

22

1 Before amortization of intangibles from PPA, consolidation (2014 in comparison to 2013) and special effects

Consolidated sales & adj. EBIT1 margin

€34.5 bn 11.3%

Automotive Group adj. EBIT1

€20.9 bn €1.68 bn

Rubber Group adj. EBIT1

€13.6 bn €2.31 bn

Raw material cost impact

Relief of about €190 mn

2014

Special effects -€323 mn

Net interest expense Tax rate

€265 mn 20%

Capex PPA

€2.0 bn €194 mn

Free cash flow before acquisitions €2.1 bn

To increase to >€39 bn Comfortably achieve adj. EBIT1 margin >10.5%

~€23.5 bn Adj. EBIT1 margin >8.5%

>€15.5 bn Adj. EBIT1 margin >15%

€150 mn tailwind expected in 2015

2015E

About -€100 mn

Net interest result ~€300 mn ~30%

Capex at around 6% of sales PPA ~€125 mn

At least €1.5 bn


Thank you!

Official Sponsor of the UEFA European Football Championship™


Disclaimer

› This presentation has been prepared by Continental Aktiengesellschaft solely in connection with the release of the Q1 2015 results on May 7, 2015, in Hanover. It has not been independently verified. It does not constitute an offer, invitation or recommendation to purchase or subscribe for any shares or other securities issued by Continental AG or any subsidiary and neither shall any part of it form the basis of, or be relied upon in connection with, any contract or commitment concerning the purchase or sale of such shares or other securities whatsoever.

› Neither Continental Aktiengesellschaft nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss that may arise from any use of this presentation or its contents or otherwise arising in connection with this presentation.

› This presentation includes assumptions, estimates, forecasts and other forward-looking statements, including statements about our beliefs and expectations regarding future developments as well as their effect on the results of Continental. These statements are based on plans, estimates and projections as they are currently available to the management of Continental. Therefore, these statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Furthermore, although the management is of the opinion that these statements, and their underlying beliefs and expectations, are realistic or of the date they are made, no guarantee can be given that the expected developments and effects will actually occur. Many factors may cause the actual development to be materially different from the expectations expressed here. Such factors include, for example and without limitation, changes in general economic and business conditions, fluctuations in currency exchange rates or interest rates, the introduction of competing products, the lack of acceptance for new products or services and changes in business strategy.

› All statements with regard to markets or market position(s) of Continental or any of its competitors are estimates of Continental based on data available to Continental. Such data are neither comprehensive nor independently verified. Consequently, the data used are not adequate for and the statements based on such data are not meant to be, an accurate or proper definition of regional and/or product markets or market shares of Continental and any of the participants in any market.

› Unless otherwise stated, all amounts are shown in millions of euro. Please note that differences may arise as a result of the use of rounded amounts and percentages.


Contact Equity and Debt Markets Relations

Vahrenwalder Str. 9 Klaus Paesler 30165 Hanover Phone: +49 511 938 1316 Germany e-mail: [email protected] Rolf Woller Sabine Reese Phone: +49 511 938 1068 Phone: +49 511 938 1027 e-mail: [email protected] e-mail: [email protected] Ingrid Kampf Michael Saemann Phone: +49 511 938 1163 Phone: +49 511 938 1307 Fax: +49 511 938 1080 e-mail: [email protected] e-mail: [email protected] www.continental-ir.com Henry Schniewind Phone: +49 511 938 1062 e-mail: [email protected]

mailto:[email protected]�





http://www.continental-ir.com/�






Continental Financial Calendar 2015 Annual Financial Press Conference March 5, 2015

Annual Shareholders’ Meeting (incl. key data for Q1 2015) April 30, 2015

Q1 Financial Report May 7, 2015

Half Year Financial Report August 4, 2015

Nine Month Financial Report November 9, 2015

2016 Preliminary figures for the fiscal year 2015 January 2016

Annual Financial Press Conference March 2016

Annual Shareholders’ Meeting (incl. key data for Q1 2016) April 29, 2016

Q1 Financial Report May 2016

Half Year Financial Report August 2016

Nine Month Financial Report November 2016


Continental Share Data / ADR Data Share Data Type of share No-par value share

Bloomberg Ticker CON

Reuters Ticker CONG

German Security Identification Number (WKN) 543 900

ISIN Number DE0005439004

Shares outstanding as at March 31, 2015 200,005,983

ADR Data Ratio (ordinary share: ADR) 1:5

Bloomberg Ticker CTTAY

Reuters Ticker CTTAY.PK

ISIN Number US2107712000

ADR Level Level 1

Exchange OTC

Sponsor Deutsche Bank Trust Company Americas


Continental Bond Data

Issuer Conti-Gummi Finance B.V., Netherlands1 Continental AG Continental Rubber of

America, Corp., USA1 Continental AG

Issue Senior Notes Senior Notes Senior Notes Senior Notes

Principal amount €750 mn €750 mn $950 mn €750 mn

Offering price 99.595% 98.950% 100.000% 99.228%

Rating at issuance date Ba1 (Moody’s4) BB (S&P) BBB (Fitch2)

Ba2 (Moody’s4) BB (S&P) BB (Fitch2)

Ba3 (Moody’s4) BB- (S&P) BB (Fitch2)

Ba1 (Moody’s4) BB (S&P) BBB (Fitch2)

Current corporation and bond rating3 BBB (Fitch), BBB (S&P), Baa3 (Moody’s4)

Coupon 2.5% p.a. 3.0% p.a. 4.5% p.a. 3.125% p.a.

Issue date Sept. 19, 2013 Jul. 16, 2013 Sept. 24, 2012 Sept. 9, 2013

Maturity Mar. 20, 2017 Jul. 16, 2018 Sept. 15, 2019 Sept. 9, 2020

Start of period for early redemption (60-90 days’ prior notice)

--- --- Sept. 15, 2015 ---

Interest payment Annual Mar. 20

Semi annual Jan. 16/Jul. 16

Semi annual Mar. 15/Sept. 15

Annual Sept. 9

WKN A1VC6B A1X24V A1G9JJ A1X3B7

ISIN XS0972719412 XS0953199634 DE000A1G9JJ0 XS0969344083

Denomination €1,000 with min. tradable amount €1,000

€1,000 with min. tradable amount €1,000

$1,000 with min. tradable amount $150,000

€1,000 with min. tradable amount €1,000

1 Guaranteed by Continental AG only since April 24, 2014 2 Non-contracted rating at date of issuance 3 Fitch since Jul. 15, 2013; S&P since Dec. 6, 2013; Moodyʼs since Sept. 19, 2013 4 Non-contracted rating since Feb. 1, 2014


Back-up

29


6) Back-up Overview of Volume Development

Units (YOY change) Q1/13 H1/13 9M/13 FY 13 Q1/14 H1/14 9M/14 FY 14 Q1/15

Market data for PC & LT productionEU -9% -3% -1% 1% 9% 6% 4% 3% 1%NAFTA 1% 4% 5% 5% 5% 4% 5% 5% 2%EU and NAFTA combined -4% 0% 2% 3% 7% 5% 5% 4% 1%Worldwide 0% 2% 3% 4% 5% 4% 4% 3% -42%Continental Electronic stability control (ESC) 13% 14% 15% 15% 14% 12% 11% 12% 16%Anti locking brake (ABS) -24% -24% -21% -19% -13% -11% -16% -19% -34%Boosters -4% -2% 0% 0% 8% 10% 6% 5% -1%Calipers 2% 7% 7% 6% 7% 2% 1% 0% -1%Advanced driver assistance systems (ADAS) 51% 57% 57% 58% 53% 50% 47% 47% 46%Engine electronic control units (ECUs) -11% -8% -4% -1% 7% 6% 6% 4% -1%Injectors -10% -7% -3% -1% -3% -3% -5% -5% -8%Transmissions 4% 7% 10% 12% 8% 8% 6% 6% 6%Turbochargers 296% 207% 179% 108% 64% 68% 71% 78% 59%

Market data tiresPC & LT replacement tires Europe -10% -4% -1% -1% 6% 5% 4% 2% -1%PC & LT replacement tires NAFTA -2% 0% 4% 4% 7% 6% 5% 6% -6%

Commercial vehicle tires OE Europe -3% 0% 0% 0% 1% -7% -4% -7% 0%Commercial vehicle tires OE NAFTA -12% -13% -9% -2% 6% 10% 12% 12% 21%Commercial vehicle replacement tires Europe 5% 8% 9% 9% 15% 6% 3% 1% -7%Commercial vehicle replacement tires NAFTA -1% -2% -2% -2% 9% 9% 9% 8% 3%ContinentalPC & LT tires -6% -1% 1% 2% 9% 6% 5% 3% -1%

Commercial vehicle tires -4% 2% 5% 6% 13% 8% 5% 3% -3%ContiTech organic sales growth -2% 0% 0% 2% 5% 2% 2% 1% 2%


6) Back-up Corporation Highlights Q1 2015

› Sales

› EBITDA

› EBIT

› NIAT3

› EPS3

› Capex

› R&D

› Cash flow

› Net debt

Increase of 14.0% to €9,568.9 mn (PY: €8,390.1 mn); organic sales up 3.0%

Increase of 8.3% to €1,403.2 mn (PY: €1,295.8 mn)

Increase to €977.9 mn (PY: €903.2 mn) Adj. EBIT1 increase to €1,053.9 mn (11.4% adj. EBIT1 margin) PPA2 effect -€32.1 mn; total special effects -€0.2 mn

Increase to €656.7 mn (PY: €588.3 mn)

EPS of €3.28 (PY: €2.94) EPS before PPA2 €3.40 (PY: €3.12 before PPA2)

Capex increased to €356.8 mn (PY: €340.9 mn); capex ratio 3.7% of sales; Capex to depreciation coverage 0.8x (0.9x ex PPA2)

Expenses for research and development increased by 18.2% to €643.0 mn (PY: €544.1 mn); R&D ratio 6.7% of sales (PY: 6.5%)

Operating cash flow up by €264.8 mn to €683.6 mn; free cash flow -€271.3 mn

Net indebtedness up by €1,275.2 mn to €4,098.7 mn vs. FY 2014; Liquidity and undrawn credit lines amounted to €6,661.6 mn

1 Before amortization of intangibles from PPA, consolidation and special effects 2 Amortization of intangibles from PPA, tax rate of 28% applied for EPS calculation 3 Attributable to the shareholders of the parent


6) Back-up Key Historical Credit Metrics – IAS 19 (rev. 2011) applied6

1 Amounts shown may contain rounding differences 2 Adjusted EBITDA starting 2009 as defined in syndicated loan but IAS 19 (rev. 2011) not applied in 2012 3 Includes changes in inventories, trade accounts receivable, trade accounts payable and discounted notes 4 Includes dividends received, income from at-equity accounted investees and other investments, incl. impairments, gains and losses from disposals, other non-cash items as well as changes in pension and similar obligations (including effects from transactions regarding contractual trust arrangements [CTA] in 2009) and in other assets and liabilities 5 Adj. EBITDA to net cash interest paid 6 Since 2012

(mn €)1 2010 2011 2012 2013 2014 LTM Q1 2015Cash flow statement Adjusted EBITDA2 3,662 4,247 4,822 5,094 5,318 5,427Reported EBITDA 3,588 4,228 4,967 5,095 5,134 5,241Net cash interest paid -703 -662 -575 -534 -158 -167Tax paid -493 -466 -684 -805 -775 -866Change in net working capital3 -497 -556 564 -4 -207 112Other 4 -46 -256 -488 -30 175 113Cash flow arising from operating activities 1,849 2,289 3,785 3,722 4,168 4,433Cash flow arising from investing activities -1,282 -1,798 -2,132 -1,904 -2,153 -2,753 - thereof capex in PPE and intangibles -1,324 -1,813 -2,081 -2,024 -2,110 -2,129Cash flow before financing activities 567 491 1,653 1,818 2,015 1,680Balance sheetCash and cash equivalents 1,471 1,541 2,397 2,045 3,244 2,372Derivative instruments and interest-bearing investments 202 249 536 303 364 455Total indebtedness 8,991 8,562 8,253 6,638 6,432 6,926Net indebtedness 7,317 6,772 5,320 4,289 2,824 4,099Credit ratiosNet indebtedness / adj. EBITDA2 2.0x 1.6x 1.1x 0.8x 0.5x 0.8xNet cash interest paid coverage (Ratio)5 5.2x 6.4x 8.4x 9.5x 33.7x 32.5x


431

341 357

325 342

393

9751 32

2013 2014 2015

Capex (PPE), percentage of salesDepreciation, w/o PPAPPA

5.4%

4.1% 3.7%

3.28 0.12 3.40

Reported EPS PPA after tax per share

EPS ex PPA

33

6) Back-up Capex and Depreciation and EPS Breakdown Q1 2015 Capex, Depreciation & PPA1 (mn €) EPS ex PPA1,2 (€)

1 Amortization of intangibles from PPA 2 Assuming corporate tax rate of 28%

1

1 1 1,2

2


1,792.9 1,878.2

2,136.0

13.5% 13.5% 13.9%

9.5% 10.1%

2013 2014 2015

Sales (mn €) EBITDA margin Adj. EBIT margin

› Sales increased by 5.4% before consolidation and FX effects

› EBITDA increased by €43.3 mn to €297.3 mn (+17.0%)

› Adj. EBIT1 increased by €36.1 mn to €215.2 mn (adj. EBIT1 margin 10.1%)

› EBIT increased by €42.6 mn to €214.9 mn (EBIT margin 10.1%)

› PPA effect in Q1 2015: -€0.3 mn

› No special effects in Q1 2015

34

6) Back-up Automotive Group Financials – Chassis & Safety

1 Before amortization of intangibles from PPA, consolidation and special effects. Refer to Fact Sheets for further details

Chassis & Safety Q1 2015 1


1,526.1 1,579.1

1,826.5

10.4% 9.9% 9.7%

5.3% 5.8%

2013 2014 2015

Sales (mn €) EBITDA margin Adj. EBIT margin› Sales increased by 3.7% before

consolidation and FX effects






35

6) Back-up Automotive Group Financials – Powertrain

Powertrain Q1 2015 1



1,620.1 1,699.1

1,975.2

12.5% 13.1% 12.8%

9.6% 9.7%

2013 2014 2015

Sales (mn €) EBITDA margin Adj. EBIT margin› Sales increased by 7.7% before

consolidation and FX effects






36

6) Back-up Automotive Group Financials – Interior

Interior Q1 2015 1



2,222.2 2,318.3

2,419.8

20.7%23.5% 24.0%

19.1% 19.2%

2013 2014 2015


› Sales decreased by 2.8% before consolidation and FX effects




› Special effects in Q1 2015: +€0.1 mn

37

6) Back-up Rubber Group Financials – Tires

Tires Q1 2015 1



-30%

-20%

-10%

0%

10%

20%

30%

Jan-

11A

pr-1

1Ju

l-11

Oct

-11

Jan-

12A

pr-1

2Ju

l-12

Oct

-12

Jan-

13A

pr-1

3Ju

l-13

Oct

-13

Jan-

14A

pr-1

4Ju

l-14

Oct

-14

Jan-

15

Truck tire replacement (YOY chg. monthly)

km BAG monthly (adj.)

-30%

-20%

-10%

0%

10%

20%

30%

Jan-

11A

pr-1

1Ju

l-11

Oct

-11

Jan-

12A

pr-1

2Ju

l-12

Oct

-12

Jan-

13A

pr-1

3Ju

l-13

Oct

-13

Jan-

14A

pr-1

4Ju

l-14

Oct

-14

Jan-

15

Truck tire replacement (YOY chg. monthly)

ATA monthly (adj.)

38

6) Back-up Tires – Commercial Vehicle Tire Demand

1 BAG = Bundesamt für Güterverkehr 2 ATA = American Trucking Association (miles traveled)

Replacement Tire Demand for Truck Tires Europe

Replacement Tire Demand for Truck Tires NAFTA

2 1


941.6 973.4

1,268.3

14.4% 14.8%

10.2%

11.9% 11.6%

2013 2014 2015


› Sales increased by 2.3% before consolidation and FX effects

› EBITDA decreased by €14.5 mn to €129.2 mn (-4.6%)


› EBIT decreased by €60.6 mn to €54.9 mn (EBIT margin 4.3%)


› Special effects in Q1 2015: -€0.3 mn

39

6) Back-up Rubber Group Financials – ContiTech

ContiTech Q1 2015 1



Fact Sheets 2013 – 2015


6) Fact Sheets Quarterly Sales Analysis

Sales (mn €)Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 1,792.9 1,860.8 1,800.1 1,815.4 7,269.2 1,878.2 1,868.5 1,823.4 1,944.8 7,514.9 2,136.0Powertrain 1,526.1 1,606.5 1,561.3 1,566.4 6,260.3 1,579.1 1,598.4 1,638.9 1,677.9 6,494.3 1,826.5Interior 1,620.1 1,723.3 1,612.5 1,649.8 6,605.7 1,699.1 1,733.9 1,725.4 1,844.1 7,002.5 1,975.2Tires 2,222.2 2,419.0 2,478.2 2,463.8 9,583.2 2,318.3 2,405.9 2,557.8 2,502.4 9,784.4 2,419.8ContiTech 941.6 998.7 961.9 976.1 3,878.3 973.4 978.6 979.6 999.6 3,931.2 1,268.3Other / Consolidation -69.6 -67.3 -64.4 -64.4 -265.7 -58.0 -57.3 -55.6 -50.7 -221.6 -56.9Continental Corporation 8,033.3 8,541.0 8,349.6 8,407.1 33,331.0 8,390.1 8,528.0 8,669.5 8,918.1 34,505.7 9,568.9

Changes Y-o-Y in %Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 4.8 0.4 1.3 7.1 3.4 13.7Powertrain 3.5 -0.5 5.0 7.1 3.7 15.7Interior 4.9 0.6 7.0 11.8 6.0 16.2Tires 4.3 -0.5 3.2 1.6 2.1 4.4ContiTech 3.4 -2.0 1.8 2.4 1.4 30.3Continental Corporation 4.4 -0.2 3.8 6.1 3.5 14.0

2015

2015

2013 2014

2014


6) Fact Sheets Quarterly EBITDA Analysis

EBITDA (mn €)Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 241.8 250.3 245.8 252.3 990.2 254.0 242.0 262.0 260.1 1,018.1 297.3Powertrain 158.9 168.5 160.7 162.1 650.2 157.0 125.3 -11.9 172.9 443.3 177.2Interior 202.1 220.1 214.5 213.5 850.2 223.2 244.5 229.7 248.9 946.3 252.9Tires 459.2 533.2 590.9 554.4 2,137.7 545.4 591.9 603.5 540.0 2,280.8 579.7ContiTech 135.9 157.5 139.7 143.2 576.3 143.7 132.9 144.7 130.5 551.8 129.2Other / Consolidation -28.5 -19.7 -29.1 -32.3 -109.6 -27.5 -26.6 -24.7 -27.7 -106.5 -33.1Continental Corporation 1,169.4 1,309.9 1,322.5 1,293.2 5,095.0 1,295.8 1,310.0 1,203.3 1,324.7 5,133.8 1,403.2

EBITDA margin in %Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 13.5 13.5 13.7 13.9 13.6 13.5 13.0 14.4 13.4 13.5 13.9Powertrain 10.4 10.5 10.3 10.3 10.4 9.9 7.8 -0.7 10.3 6.8 9.7Interior 12.5 12.8 13.3 12.9 12.9 13.1 14.1 13.3 13.5 13.5 12.8Tires 20.7 22.0 23.8 22.5 22.3 23.5 24.6 23.6 21.6 23.3 24.0ContiTech 14.4 15.8 14.5 14.7 14.9 14.8 13.6 14.8 13.1 14.0 10.2Continental Corporation 14.6 15.3 15.8 15.4 15.3 15.4 15.4 13.9 14.9 14.9 14.7


C&S 5.0 -3.3 6.6 3.1 2.8 17.0Powertrain -1.2 -25.6 -107.4 6.7 -31.8 12.9Interior 10.4 11.1 7.1 16.6 11.3 13.3Tires 18.8 11.0 2.1 -2.6 6.7 6.3ContiTech 5.7 -15.6 3.6 -8.9 -4.3 -10.1Continental Corporation 10.8 0.0 -9.0 2.4 0.8 8.3

2015

2015

20152014

2013 2014

2013 2014


Adjusted EBIT1 (mn €)Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 179.1 215.2Powertrain 83.7 102.2Interior 162.7 191.3Tires 441.0 459.2ContiTech 115.8 119.5Other / Consolidation -27.6 -33.5Continental Corporation 954.7 1,053.9

Adjusted EBIT1 margin in %Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 9.5 10.1Powertrain 5.3 5.8Interior 9.6 9.7Tires 19.1 19.2ContiTech 11.9 11.6Continental Corporation 11.4 11.4

Changes Y-o-Y in %Q1 Q2 Q3 Q4 FY

C&S 20.2Powertrain 22.1Interior 17.6Tires 4.1ContiTech 3.2Continental Corporation 10.4

2014

2014

2015

2015

2015

43

6) Fact Sheets Quarterly Analysis of Adjusted EBIT1

1 Before amortization of intangibles from PPA, changes in the scope of consolidation and special effects


6) Fact Sheets Quarterly EBIT Analysis

EBIT (mn €)Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 155.3 162.7 155.1 125.8 598.9 172.3 159.3 179.5 169.1 680.2 214.9Powertrain 52.1 58.3 49.5 19.6 179.5 64.5 32.9 -263.3 69.1 -96.8 96.7Interior 95.7 112.5 104.4 68.0 380.6 137.8 154.7 144.8 168.6 605.9 190.9Tires 365.2 440.3 494.6 452.6 1,752.7 440.7 482.4 486.8 419.5 1,829.4 454.0ContiTech 107.7 129.2 111.8 113.4 462.1 115.5 104.3 115.1 98.4 433.3 54.9Other / Consolidation -28.6 -19.8 -29.1 -32.6 -110.1 -27.6 -26.7 -25.1 -27.8 -107.2 -33.5Continental Corporation 747.4 883.2 886.3 746.8 3,263.7 903.2 906.9 637.8 896.9 3,344.8 977.9

EBIT margin in %Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY Q1 Q2 Q3 Q4 FY

C&S 8.7 8.7 8.6 6.9 8.2 9.2 8.5 9.8 8.7 9.1 10.1Powertrain 3.4 3.6 3.2 1.3 2.9 4.1 2.1 -16.1 4.1 -1.5 5.3Interior 5.9 6.5 6.5 4.1 5.8 8.1 8.9 8.4 9.1 8.7 9.7Tires 16.4 18.2 20.0 18.4 18.3 19.0 20.1 19.0 16.8 18.7 18.8ContiTech 11.4 12.9 11.6 11.6 11.9 11.9 10.7 11.7 9.8 11.0 4.3Continental Corporation 9.3 10.3 10.6 8.9 9.8 10.8 10.6 7.4 10.1 9.7 10.2


C&S 10.9 -2.1 15.7 34.4 13.6 24.7Powertrain 23.8 -43.6 -631.9 252.6 -153.9 49.9Interior 44.0 37.5 38.7 147.9 59.2 38.5Tires 20.7 9.6 -1.6 -7.3 4.4 3.0ContiTech 7.2 -19.3 3.0 -13.2 -6.2 -52.5Continental Corporation 20.8 2.7 -28.0 20.1 2.5 8.3

2015

2015

20152014

2013 2014

2013 2014


6) Fact Sheets Consolidated Statement of Income

1 Including interest effects from pension obligations, from other long-term employee benefits, and from pension funds. In 2013, the resulting income was reported under interest expense; the comparative figures for the prior years have been restated accordingly.

2 Including gains and losses from foreign currency translation, from changes in the fair value of derivative instruments as well as from available-for-sale financial assets.

Sales 8,033.3 8,390.1 9,568.9Cost of sales -6,244.3 -6,294.4 -7,146.1

Gross margin on sales 1,789.0 2,095.7 2,422.8Research and development expenses -499.8 -544.1 -643.0Selling and logistics expenses -406.5 -430.9 -520.9Administrative expenses -171.8 -178.9 -214.5Other income and expenses 33.8 -47.0 -77.7Income from at-equity accounted investees 7.2 8.4 11.2Other income from investments -4.5 0.0 0.0

Earnings before interest and taxes 747.4 903.2 977.9Interest income1

21.7 26.6 27.8Interest expense1,2

-144.8 -106.6 -83.5

Net interest expense -123.1 -80.0 -55.7Earnings before taxes 624.3 823.2 922.2Income tax expense -161.0 -215.6 -244.4

Net income 463.3 607.6 677.8Non-controlling interests -22.1 -19.3 -21.1

Net income attributable to the shareholders of the parent 441.2 588.3 656.7

Basic earnings per share in EUR 2.21 2.94 3.28Diluted earnings per share in EUR 2.21 2.94 3.28

(mn €) Q1 2015Q1 2014Q1 2013


6) Fact Sheets Consolidated Statement of Financial Position – Assets

Assets in € millions March 31, 2015 Dec. 31, 2014 March 31, 2014

Goodwill 6,198.8 5,769.1 5,527.7

Other intangible assets 1,194.1 443.3 501.6

Property, plant and equipment 9,351.5 8,446.4 7,728.3

Investment property 17.6 17.5 20.1

Investments in at-equity accounted investees 299.4 298.5 428.3

Other investments 12.5 10.7 7.7

Deferred tax assets 1,894.2 1,573.4 956.3

Defined benefit assets 3.1 1.6 6.1

Long-term derivative instruments and interest-bearing investments 289.4 301.2 269.6

Other long-term financial assets 37.3 41.9 19.9

Other long-term assets 21.9 19.7 20.2

Non-current assets 19,319.8 16,923.3 15,485.8

Inventories 3,607.1 2,987.6 3,102.0

Trade accounts receivable 7,396.7 5,846.2 6,055.8

Other short-term financial assets 423.9 382.5 362.3

Other short-term assets 873.7 731.3 648.0

Income tax receivables 131.0 60.3 64.3

Short-term derivative instruments and interest-bearing investments 166.0 63.1 35.1

Cash and cash equivalents 2,372.3 3,243.8 2,008.0

Assets held for sale 53.7 3.0 33.4Current assets 15,024.4 13,317.8 12,308.9

Total assets 34,344.2 30,241.1 27,794.7


6) Fact Sheets Consolidated Statement of Financial Position – Total Equity and Liabilities Equity and liabilities in € millions March 31, 2015 Dec. 31, 2014 March 31, 2014

Subscribed capital 512.0 512.0 512.0

Capital reserves 4,155.6 4,155.6 4,155.6

Retained earnings 8,061.0 7,404.3 6,123.6

Other comprehensive income -990.3 -1,399.8 -1,284.3

Equity attributable to the shareholders of the parent 11,738.3 10,672.1 9,506.9

Non-controlling interests 483.5 352.5 314.7

Total equity 12,221.8 11,024.6 9,821.6

Provisions for pension liabilities and similar obligations 4,064.0 3,483.7 2,504.3

Deferred tax liabilities 256.9 178.5 133.7

Long-term provisions for other risks and obligations 326.9 306.3 263.7

Long-term portion of indebtedness 4,273.0 5,077.4 3,574.8

Other long-term financial liabilities 71.0 48.7 32.2

Other long-term liabilities 56.2 46.4 42.5

Non-current liabilities 9,048.0 9,141.0 6,551.2

Trade accounts payable 5,775.2 4,861.6 4,756.8

Income tax payables 707.9 577.3 597.1

Short-term provisions for other risks and obligations 827.2 732.7 607.3

Indebtedness 2,653.4 1,354.2 2,980.1

Other short-term financial liabilities 1,942.0 1,649.2 1,564.8

Other short-term liabilities 1,148.8 900.2 915.8

Liabilities held for sale 19.9 0.3 —Current liabilities 13,074.4 10,075.5 11,421.9

Total equity and liabilities 34,344.2 30,241.1 27,794.7


6) Fact Sheets Consolidated Statement of Cash Flows

in € millions 2015 2014

Net income 677.8 607.6Income tax expense 244.4 215.6

Net interest expense 55.7 80.0

EBIT 977.9 903.2Interest paid -71.7 -60.8

Interest received 8.7 7.0

Income tax paid -269.4 -178.3

Dividends received 17.2 15.6

Depreciation, amortization, impairment and reversal of impairment losses 425.3 392.6

Income from at-equity accounted and other investments, incl. impairment and reversal of impairment losses -11.2 -8.4

Gains from the disposal of assets, companies and business operations -6.1 -7.0Changes in

inventories -180.9 -268.1

trade accounts receivable -855.1 -759.8

trade accounts payable 504.5 177.2

pension and similar obligations 16.9 0.5

other assets and liabilities 127.5 205.1

Cash flow arising from operating activities 683.6 418.8Cash flow from the disposal of property, plant and equipment, and intangible assets 10.2 17.8

Capital expenditure on property, plant and equipment, and software -356.8 -340.9

Capital expenditure on intangible assets from development projects and miscellaneous -17.2 -14.7

Cash flow from the disposal of companies and business operations -1.7 0.2

Acquisition of companies and business operations -589.4 -17.7

Cash flow arising from investing activities -954.9 -355.3

Cash flow before financing activities (free cash flow) -271.3 63.5

Change in indebtedness -768.7 -83.5Dividends paid and repayment of capital to non-controlling interests -1.9 -0.9Cash and cash equivalents arising from first consolidation of subsidiaries — 0.2

Cash flow arising from financing activities -770.6 -84.2

Change in cash and cash equivalents -1,041.9 -20.7Cash and cash equivalents at the beginning of the reporting period 3,243.8 2,044.8Effect of exchange rate changes on cash and cash equivalents 170.4 -16.1Cash and cash equivalents at the end of the reporting period 2,372.3 2,008.0

January 1 to March 31


6) Fact Sheets Q1 2015 Results Reported & Adjusted (mn €) – by Division


2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015 2014 2015

Sales 1,878.2 2,136.0 1,579.1 1,826.5 1,699.1 1,975.2 2,318.3 2,419.8 973.4 1,268.3 -58.0 -56.9 8,390.1 9,568.9

EBIT 172.3 214.9 64.5 96.7 137.8 190.9 440.7 454.0 115.5 54.9 -27.6 -33.5 903.2 977.9in % of sales 9.2% 10.1% 4.1% 5.3% 8.1% 9.7% 19.0% 18.8% 11.9% 4.3% 10.8% 10.2%

Amortization of intangible assets from PPA 6.8 0.3 16.5 2.1 24.9 0.4 1.0 1.7 1.5 27.6 0.0 0.0 50.7 32.1

Total special effects 0.0 0.0 0.0 0.0 0.0 0.0 -0.2 -0.1 -1.2 0.3 0.0 0.0 -1.4 0.2

Total consolidation effects 0.0 0.0 2.7 3.4 0.0 0.0 -0.5 3.6 0.0 36.7 0.0 0.0 2.2 43.7

Total consolidation & special effects 0.0 0.0 2.7 3.4 0.0 0.0 -0.7 3.5 -1.2 37.0 0.0 0.0 0.8 43.9

Adjusted operating result (adj. EBIT) 1 179.1 215.2 83.7 102.2 162.7 191.3 441.0 459.2 115.8 119.5 -27.6 -33.5 954.7 1,053.9in % of adjusted sales 9.5% 10.1% 5.3% 5.8% 9.6% 9.7% 19.1% 19.2% 11.9% 11.6% 11.4% 11.4%

CorporationInteriorChassis & Safety Powertrain Tires ContiTech Cons./Corr.


6) Fact Sheets Q1 2015 Results Reported & Adjusted (mn €) – by Group


2014 2015 2014 2015 2014 2015 2014 2015

Sales 5,128.8 5,912.1 3,271.3 3,669.3 -10.0 -12.5 8,390.1 9,568.9

EBIT 374.6 502.5 556.2 508.9 -27.6 -33.5 903.2 977.9in % of sales 7.3% 8.5% 17.0% 13.9% 10.8% 10.2%

Amortization of intangible assets from PPA 48.2 2.7 2.5 29.4 0.0 0.0 50.7 32.1

Total special effects 0.0 0.0 -1.4 0.2 0.0 0.0 -1.4 0.2

Total consolidation effects 2.7 3.4 -0.5 40.3 0.0 0.0 2.2 43.7

Total consolidation & special effects 2.7 3.4 -1.9 40.5 0.0 0.0 0.8 43.9

Adjusted operating result (adj. EBIT) 1 425.5 508.6 556.8 578.8 -27.6 -33.5 954.7 1,053.9in % of adjusted sales 8.3% 8.7% 17.0% 17.0% 11.4% 11.4%

Automotive Rubber Cons./Corr. Corporation


6) Fact Sheets Shareholder Structure

Source: Based on publicly available data

Shareholder Structure as at Dec. 31, 2010



Shareholder Structure since Sept. 17, 2013

M.M. Warburg & CO KGaA 16.48%

M.M. Warburg & CO KGaA 5.19%

B. Metzler seel. Sohn Co. Holding AG 16.48%

B. Metzler seel. Sohn Co. Holding AG 5.19%

Schaeffler Group 42.17%




Free Float 39.72%

Free Float 50.1%

Free Float 54.0%

Free Float 24.87%


6) Fact Sheets Continental’s Credit Rating

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

BBB+ / Baa1

BBB / Baa2

BBB- / Baa3

BB+ / Ba1

BB / Ba2

BB- / Ba3

B+ / B1

B / B2

S&P, Fitch / Moody’s Standard & Poor’s1 Moody’s 2 Fitch 3

Before Siemens

VDO

Non

-Inve

stm

ent

Gra

de

Inve

stm

ent

Gra

de

1 Solicited rating since May 2000. 2 Non-contracted rating since Feb. 1, 2014. 3 Solicited rating since November 2013.


References Useful Links

Continental Investor Relations website http://www.continental-ir.com

Annual and interim reports http://www.continental-corporation.com/www/portal_com_en/themes/ir/financial_reports/

2014 Fact Book http://www.continental-corporation.com/www/portal_com_en/themes/ir/financial_reports/

Investor Relations events and presentations

http://www.continental-corporation.com/www/portal_com_en/themes/ir/events/

Sustainability at Continental (presentation and fact sheet for investors)

http://www.continental-ir.com

Corporate Social Responsibility http://www.continental-sustainability.com

Corporate Governance Principles http://www.continental-corporation.com/www/portal_com_en/themes/ir/corporate_governance/

Continental share http://www.continental-corporation.com/www/portal_com_en/themes/ir/share/

Continental bonds and rating http://www.continental-corporation.com/www/portal_com_en/themes/ir/bonds/

Continental IR mobile website http://continental.ir-portal.de

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